Promoting & Distributing Chapter 8 Promoting & Distributing Use Of Advertising Opportunities & Problems Physical Distribution Channels Of Distribution Functions Of Intermediaries Creative Selling Process
Advertising “…informs customers of the availability, desirability, and uses of products.” McGraw-Hill/Irwin © 2006 The McGraw-Hill Companies, Inc. All rights reserved.
Types Of Advertising Product Institutional PhotoLink/Getty Images Royalty-Free/CORBIS
Developing Advertising Program Budget Media What/How To Say It Agency Expected Results
Advertising Budget Percentage Of Sales/Profits Units Of Sales Objective- Immediate Response Executive Decision PhotoLink/Getty Images
Media Selection Newspaper Signage Direct Mail Circulars/Handbills Yellow Pages Radio Television Online Chad Baker/Getty Images PhotoDisc/Getty Images
Why People Don’t Shop Online Isn’t secure Jeopardize Privacy Must Pay Shipping Charges Not Enough Selection Can’t Touch/Try First No Satisfaction Guarantee Returns A Hassle Won’t Arrive On Time Hard To Find Things Enjoy Shopping Out Of House Source: blink, www.earthlink.net/blink
Necessary Website Features Source: “Dreaming of a Green Christmas”, Newsweek, November 11, 2002, p. E24
Infomercial “…long, usually half-hour TV ads hosted by a hyper ‘sellevangelist’ selling a relatively new product or service.”
Media Selection Target Market Cost Relative Absolute Availability
Other Advertising Techniques Merchandising- Point Of Purchase Sales Promotion Customer Trade Sales Force Publicity- Free Royalty-Free/CORBIS
Ethnic Differences Sources Of Information Values Of Print Frequency Of Use/Affordability Target Market Media Ryan McVay/Getty Images
Global Marketing: Importing Import & Sell Products Sell International Products Sami Sarkis/Getty Images
Levels & Risks Of Internationalization
Global Marketing: Exporting Myths Only Large Firms Uncertain Payment Limited Sales Opportunities Foreign Market Not Buy American Startup Costs High D. Falconer/PhotoLink/Getty Images D. Falconer/PhotoLink/Getty Images
Global Marketing: Opportunities/Challenges Expansion/Diversification Effective Use Lower Labor Cost Natural Resources Return On Investment Tax Advantages Demand For U.S. Products Receiving Country Benefits PhotoDisc/Getty Images
Global Marketing: Problems/Risks Loss Of Assets/Earnings Changing Political System Exchange Rates Difficulty In Getting Earnings State-Subsidized Competition Unskilled Labor Communication/Coordination Cultural Differences Copyright/Patent Violations Jason Reed/Getty Images
Export Or Not? Product Suitable Satisfy Foreign & Domestic Demand Competitive Prices/Terms Devote Time/Skills Nick Koudis/Getty Images
Exporting Assistance Forms Small Business Administration Information/Guidance Financial Assistance Small Business Administration SCORE ACE U.S. Department Of Commerce C. Sherburne/PhotoLink/Getty
Distribution “…involves the effective movement of a product from the production line to the final consumer.”
Distribution Activities Storing Order Processing Transportation Speed Frequency Dependability Points Served Capability Cost StockTrek/Getty Images
Distribution Channel Considerations Geographical Market & Consumer Types Intensive, Selected, Exclusive Outlets Producer’s Marketing Effort Feedback Incentives For Resellers Andre Kudyusov/Getty Images
Distribution Channels: Consumer
Distribution Channels: Industrial
Intermediaries Brokers Agents Wholesalers Retailers Ryan McVay/Getty Ima
Retailing Trends Off-Price Self-Service Fast Food ATMs Television Shopping Internet Jason Reed/Ryan McVay/Getty Images
Creative Selling Process
Mental Attributes Of Creative Salesperson Judgment Tact Positive Attitude Royalty-Free/CORBIS
Physical Attributes Of Creative Salesperson